22-28 Sutherland Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

22-28 Sutherland Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 310m2
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Property Details for 22-28 Sutherland St, Melbourne

Building Type
Commercial
Land Size
310m2
Local Government
Melbourne
Lot/Plan
1/TP328694

Last Listing description (December 2021)

Prominent two (2) storey dual access warehouse building of 517sqm* offered with vacant possession

Substantial corner land holding with major double street frontage totalling 36m*


Opportunity to reposition into hospitality, office and/or construct additional levels (STPA)

Proven Melbourne CBD location underpinned by surrounding major residential development, an assortment of hospitality options and education services

Situated in one of Melbourne CBD's most evolving precincts with a 24 hour liquor license in place

Only 150m* from Melbourne Central Shopping Centre & direct access to Elizabeth Street super tram stop


For further information please contact the exclusive sales and marketing agents at CBRE Melbourne City Sales:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*Approx

Property History for 22-28 Sutherland St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$6,250,000
16 Mar 2018
  • 02 Sep 2021
    Listed for Sale SOLD - Price Withheld
  • 16 Mar 2018
    Sold for $6,250,000
  • 09 Feb 2018
    Listed for Sale SOLD - Contact Agent
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 246 properties listed for sale, and 357 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2745 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.